With the Government showing no lack of resolve in pursuing green energy solutions for the problematic issue of how the country keeps itself warm. The next few months does seem to hold promise for householders on the look-out for a bargain. Homeowners who are familiar with looking for ways to keep their home insurance costs down can now do the same with their energy bills.
Sales consultants for companies looking to benefit from the massive interest in solar heating are proliferating at what some would say an alarming rate. Properties across the UK are being flooded with brochures and pamphlets about the benefits of solar heating and all promise cut price energy with the prospect of boosting ones bank balance at the same time. It is indeed reminiscent of the 1970’s and 80’s when double glazing salesmen seemed to be on each and every street corner.
Government Grants?
Of course this time the solar heating salesmen can indeed promise something a little special… Government support! Through the Feed in Tariff (FiT) the Government have decided to promote the use of renewable energy installations by paying the owners of the project 41.3p per Kwh produced. It doesn’t matter if the homeowner uses the energy himself he will still be paid. What’s more, any excess energy that is fed into the National Grid will attract payment as well. The payments for solar energy are index linked and guaranteed for 25 years.
What exactly is the deal?
Currently companies around the country are offering two distinctly different deals. The first deal involves the company installing the panels free of charge and they benefit from the Feed-in Tariff payments from the Government, the householder benefits from free electricity. The second system involves the installers charging for the installation and then leaving the homeowner to benefit wholly from whatever energy he produces.
Will it affect my home insurance?
There are one or two qualifying criteria for a home to be suitable for the installation of solar heating. It should have a roof facing south and not be in shadow. The roof itself should be maintained well and be robust, apart from that there is little else to worry about. Of course you should always notify your household insurance provider if you make any alterations to your property and a big cluster of solar panels on your roof will certainly do that.
Tags: Advice for Tenants, Home Insurance, household insurance, Solar heating